The USDCAD price trades within sideways track in the previous sessions, keeping its stability above 1.3505 level to keep the positive effect of the double bottom pattern active, waiting to resume the positive trades to achieve our next target at 1.3605.
Therefore, we are waiting for more expected rise in the upcoming sessions conditioned by the price stability above 1.3505.
The expected trading range for today is between 1.3500 support and 1.3610 resistance.
Trend forecast: Bullish
Origin: Economies
